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Obstacles to progress

Realities

“ Water privatization in Dar es Salaam began with the award of a 10-year lease contract signed

in 2003 for Dar es Salaam, the largest city and former capital of Tanzania. It was signed
between the government of Tanzania and City Water, a consortium consisting of the former

British firm Biwater, Gauff Engineers from Germany and a Tanzanian company called Superdoll.
The government terminated the lease contract in May 2005 amid mutual allegations of breach
of contract, and deported the three top executives of City Water. “

"Water Privatization in Dar Es Salaam." 282
Wikipedia

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Corporatocracy
“ At the turn of the millennia this study (by Corporate Watch, Global Policy Forum and the

Institute for Policy Studies) confirmed that whilst there were around 40,000 worldwide
corporations, just 200 had true global reach and influence. These colossal organisations, many

larger than national economies controlled well over one quarter of global economic activity
whilst 80 per cent of the world's population were either left out completely, marginalised or

were net losers as a direct result of their activities.
***
these same 200 global corporations employed less than one third of one per cent of the
world's people – just 18.8 million.

***
Three mathematicians at Zurich Polytechnic Institute published a quite remarkable in-depth

report on transnational corporations (TNCs) according to their connections to other
TNCs...they arrive at a "core" of 147 companies that now controls an astonishing 40 per cent of
the economic value of the entire sample and therefore, global trade.

***
In the late 1970's the share of economic value going to labour in the form of wages in Europe

was around 70 per cent of GDP. Over the decades there has been a dire shift.
Capital has had a very favourable 10 per cent rise in returns and by contrast labour a 10 per

cent fall. With an economy worth €13 trillion, the loss to an already stretched working and
middle class is €1.3 trillion a year. “
"The Rise of the Corporatocracy," 283
Global Research
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"From the mid-1990s, the largest American banking, securities, insurance and accounting
transnational corporations joined forces and, employing 3000 people, spent $5 billion to get rid

of all the New Deal laws passed under the Roosevelt administration in the 1930s – the very